The national Jewson builders merchants chain is being sold in a £740 million deal.
European building materials distributor Stark Group has acquired the business from Compagnie de Saint-Gobain SA. The transaction is expected to close in the spring of 2023.
Jewson is being sold as part of a job lot of companies including Gibbs & Dandy and JP Corry in Northern Ireland, specialist brands Jewson Civils Frazer and Minster, as well as International Timber.